Suntory reported full-year results this week

Suntory reported full-year results this week

Earlier this week, Japan's Suntory Holdings reported a healthy rise in full-year sales and operating profits. Here, just-drinks takes a closer look at the group's beverage results: 

  • Spirits

Beam Suntory, the group's global spirits unit, came into being last April after the Japanese firm's US$16bn acquisition of Beam Inc. Suntory's former spirits business, Suntory Liquor, was integrated into the Beam Suntory business in October.

With the inclusion of Beam Inc's sales in its spirits performance for the first time, revenues were up 86% year-on-year.

In North America, Jim Beam, Maker's Mark, Knob Creek and Hornito's showed “strong growth”, the company said, without giving further detail.

In Europe, Suntory highlighted “strong” sales for Jim Beam and Laphroaig in Germany, Russia and the UK.

In India and Brazil, sales of Teacher's Scotch whisky “continued strong growth”, according to the company.

In Japan, full-year sales of spirits rose by 6%, driven by the performance of its whiskey portfolio. Suntory's premium whiskies - Hibiki, Yamazaki and Hakushu - saw combined sales growth of 26% in the year.

Sales of alcoholic RTDs rose by 7% in the year, driven by double-digit growth for the -196 degrees Strong Zero brand.

  • Beer

Full-year volumes were up 3% year-on-year to 76.2m cases. Suntory now has a 15.4% market share of Japan's beer market. All Free, Japan's biggest-selling alcohol-free beer, saw volumes increase by 3.9%.

  • Wine

Suntory's Wine International unit, which produces Japanese wine made with 100% domestic grapes, saw full-year sales rise 2%.

  • Soft drinks (Suntory Beverage and Food) 

In Japan, full-year volumes were flat with sales led by the Suntory Tennensui and Boss brands. Meanwhile, in Europe, Suntory said it moved to “establish a more efficient business base”. The company completed its deal to buy the Lucozade and Ribena brands at the start of last year, with 2014's marketing activities focussed on the two newly-acquired brands and on Orangina and Schweppes .